#CDNtech companies Nuvei, WonderFi, Thinkific saw revenue growth in Q1 2024
NowVertical’s revenue for 2023 also increased by 91 percent year-over-year to $51.7 million.
Ontario
Shopify posts revenue beat and surprise loss in Q1, touts European growth
Company plans to remain focused on building for long-term growth and profitability.
WATCH: Shopify’s Tobi Lütke fireside and AMA with Satish Kanwar
Shopify CEO asks for a conversation about “courage” and “ambition” at BetaKit Town Hall.
Shopify CEO says Canada must overcome “go-for-bronze” culture at BetaKit Town Hall
Tobi Lütke tells founders: “There’s less competition if you reach higher.”
Propel unveils latest Atlantic Canada cohort, ventureLAB opens applications for semiconductor incubator
Both accelerators recently received federal funding to continue their operations.
Wealthsimple enters mortgage space through Pine partnership
Wealthsimple partners with the “Wealthsimple for home buying” to help customers avoid a “sucker rate.”
Xatoms is planning a quantum leap to clean the world’s water
R&D-stage startup is using AI and quantum chemistry to purify the world’s most precious resource.
The Growcer raises $3 million Series A backed by former Farm Boy Co-CEO Jeff York
Growcer develops vertical farms in modular containers to help combat food insecurity in challenging climates.
Rogers Cybersecure Catalyst and RBC launch FinSec incubator
Incubator aims to help emerging FinTech and cybersecurity startups achieve product-market fit.
1Password looks to help businesses secure unmanaged devices with a new offering
Extended Access Management stems from 1Password’s acquisition of Kolide in February.
South Korea’s neighbourhood buy-and-sell app Karrot hits one million Canadian users, builds Toronto tech hub
Karrot aims to expand North American presence with Ritual, GoodGood co-founder Robert Kim.
Versaterm acquires American mental health platform for first responders
This is the public safety tech firm’s second acquisition within the past month.
WonderFi’s Bitbuy purchases clients of Bitstamp as fellow crypto exchange exits Canada
WonderFi and some disgruntled shareholders have also reached a deal to refresh its board.
FinTech startup Fluence Technologies agrees to be acquired by Anaplan
Anaplan plans to integrate Fluence’s financial consolidation software into its own platform.
Geoffrey Hinton, Raquel Urtasun, Aidan Gomez set to speak at Collision 2024
Collision will return to Toronto for the fourth year June 17 to 20.